Zero premine but if I send BTC I can get the coin? So how do you plan on doing this?
We (rdc dev team) think of premine as taking the coins , and keeping them for the dev team and not distributing them,but just dumping them . Or saying that the premine is for fake giveaways of bounties or any other fake thing .
We will premine the coins,but keep 0 of them to us (dev team) , we will only premine the amount that the investors have paid for , and give RDC to the investors .
Using a different name to call it will not change its nature It is still premine, you just don't need to dump it to an exchange. You dump it to 'investors' instead
Quote
we (RedditCOIN dev. team) think that even 0.1% premine can destroy an entire coin . And we think that pre-mining a coin is just scamming , many people are using this technique to get rich in no time, we are not like them, we care about the community,what YOU have to say , and we respect eachother .
Can someone explain the Rob Hubell glitter GIF thing to me?
It is from Stack-coin, an IPO scam about a week ago Received 69.5 BTC and coin never launched. "Dev" posted that gif when time came for launch. It has since become a mainstay on IPO threads
Post
Topic
BoardAnnouncements (Altcoins)
Re: [GPUC] GPU Coin | Launch 02MAR14 | IPO Available
]From those 69.5, 0.3 were mine Plus 2BTC from PANDA (trollong). So, I'm one of You, I guess?
Well, most people know our project (@ThisWeeksCoin) and we're not scammers. We do good in general. We're expanding our project! Ask people about our project and You'll see
It's not hard to post a gif and a number. You know what's hard?
To get everyone satisfied.
And, please, don't compare us with some bean brain scammer
Thank You!
"We're not scammers"
Maybe, maybe not. There are currently a few other IPO coins releasing soon. Some might be scams
It is worth repeating the warning so newcomers are aware of such possibilities. The choice is then theirs to make
Post
Topic
BoardAnnouncements (Altcoins)
Re: [PRE-ANN] H2O +Adaptive -N / KGWell. Are you thirsty?
With shitcoin from copy and paste or even coingen, a lot of newbies asked for IPO. What's the price of these shitcoins? Nothing. It's damned. It's just like robbing money from investors. This has been ruining the market of altcoin. Stop it.
We are not valuing our coins at a made up number and selling them. We are offering a percentage of them. The investors are the ones setting the price for Switch Coins, not us. As all investments this has its risks and its rewards and it is not for everyone. The IPO has brought in .03btc so far which translates to 6 satoshis per coin. A price that isn't set by us, it is set by the investors with the amount they've invested.